166 Jayden Dr, Kyle, TX 78640
4 beds · 2 baths · 1,891 sqft sqft
Assumable loan with a 2.5% for buyers eligible for a VA loan. Welcome to your future home! This adorable move-in ready home was built in 2020 offering 1891 sqft of modern living with 4 bedrooms and 2 bathrooms. This beauty features the highly desirable open concept living providing plenty of room to entertain and and to create core memories with your family! As you enter your kitchen you are greeted with modern white cabinets, granite countertops with a kitchen peninsula providing ample counter space for prepping your Thanksgiving dinner or simply having a casual bowl of cereal while you sit on a counter stool and don't overlook the large pantry and stainless steel appliances! The primary suite is an inviting sanctuary, featuring his and her expansive walk-in closets, a dual vanity, and a luxurious walk-in shower. The additional bedrooms are spacious and versatile, perfect for accommodating guests or creating a designated office space. Last but not least some of the standout benefits of this home is that it comes equipped with a refrigerator, washer, dryer, garage door opener, blinds, and a security system ALSO offers Veterans the opportunity to assume the loan with an incredibly low 2.5% interest rate (must be eligible for a VA loan and accept entitlement transfer) AND is eligible for a USDA loan. It's priced to sell quickly and with the instant equity this home won't last long! Your home is located in the sought-after Southgrove community, short distance from I-35, your commute will be a breeze. Enjoy nearby shopping, dining, and grocery stores at Kyle Crossing Shopping Center, located just under 5 miles away. The Southgrove community features fantastic amenities including outdoor grills, a pool, a cornhole area, a playground for the little ones, and is located within Hays Consolidated I.S.D. Turn this beautiful house into your home! Contact me today to schedule a tour and experience all that this wonderful community has to offer!
Source: ACTRIS #3475111
Source: ACTRIS #3475111
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #3475111